Interfor (OTCMKTS:IFSPF) Trading Down 0.7% – Time to Sell?

Interfor Co. (OTCMKTS:IFSPF) traded down 0.7% on Thursday . The stock traded as low as $9.5470 and last traded at $9.7665. Approximately 29,730 shares were traded during trading, an increase of 5% from the average session volume of 28,323 shares. The stock had previously closed at $9.84.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. TD Securities reaffirmed a “hold” rating on shares of Interfor in a research report on Tuesday, May 19th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Interfor in a research report on Tuesday, July 21st. BMO Capital Markets reissued an “outperform” rating on shares of Interfor in a report on Thursday, August 13th. Finally, Scotiabank reissued an “outperform” rating on shares of Interfor in a report on Monday, August 10th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Interfor Trading Down 0.7%

The firm’s fifty day moving average is $9.59 and its 200-day moving average is $8.11.

Interfor Company Profile

Interfor Corporation is a leading global manufacturer of wood products, headquartered in Vancouver, British Columbia. The company operates a network of sawmills across Canada and the United States, producing a wide range of softwood lumber items for residential, commercial and industrial construction. Interfor’s product portfolio includes dimension lumber, timbers, boards and specialty wood products designed to meet the needs of building material distributors, home center retail channels and industrial end-users.

Interfor’s operations span premier timber-growing regions in British Columbia, Alberta, Washington State and Oregon.